{"id":10567,"date":"2020-04-19T06:53:41","date_gmt":"2020-04-19T06:53:41","guid":{"rendered":"https:\/\/www.onscharter.com\/?page_id=10567"},"modified":"2020-04-22T10:25:49","modified_gmt":"2020-04-22T10:25:49","slug":"limited-liability-partnership","status":"publish","type":"page","link":"https:\/\/www.onscharter.com\/?page_id=10567","title":{"rendered":"Limited Liability Partnership"},"content":{"rendered":"

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width=”3\/4″ css=”.vc_custom_1481792131878{padding-top: 40px !important;}”][vc_column_text]LLP is a type of business activity which joins the highlights of a Partnership and a body corporate and then again Partnership alludes to an understanding wherein at least 2 people consent to carry on a business and offer benefits and loses commonly.[\/vc_column_text][vc_empty_space height=”20px”][vc_column_text]<\/p>\n

Advantages of GST<\/h4>\n

One big advantage is that the partners are not liable personally and cannot be forced to pay a business debt or liability with personal property or assets. Their personal assets would be shielded from all business liability.[\/vc_column_text][vc_empty_space height=”20px”][vc_column_text]<\/p>\n

Disadvantages<\/h4>\n

Compared to a sole proprietorship or partnership, a LLP is a little more expensive to operate. The owner of a LLP may have to pay an unemployment compensation for him or herself, which he or she would not have to pay as a sole proprietor.[\/vc_column_text][vc_empty_space height=”20px”][vc_column_text]<\/p>\n

How can we help you? – Why Onscharter?<\/h4>\n

Affordable Pricing<\/strong>
\nWe complete all the compliance requirements of an LLP, for a fraction of the price charged by offline company secretaries.<\/p>\n

Realistic Expectations<\/strong>
\nBy handling all the paperwork, we ensure a seamless interactive process with the government. We provide clarity on the incorporation process to set realistic expectations.<\/p>\n

300-Strong Team<\/strong>
\nWith a team of over 300 experienced business advisors and legal professionals, you are just a phone call away from the best in legal services.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1587534174497{background-position: 0 0 !important;background-repeat: repeat !important;}”][vc_column width=”5\/12″ bg_full_width=”yes” css=”.vc_custom_1480065050342{padding-top: 100px !important;padding-bottom: 100px !important;background-image: url(http:\/\/creative-wp.com\/demos\/amwal\/wp-content\/uploads\/2016\/11\/home2-bg-contact.jpg?id=9429) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][amwal_section_title title=”Annual Compliance Filings for LLPs” light_skin=”true”]LLPs are required to file compliance requirements on an annual basis, but failure to do so can result in hefty fines![\/amwal_section_title][\/vc_column][vc_column width=”7\/12″ css=”.vc_custom_1587536548155{padding-top: 0px !important;padding-bottom: 0px !important;padding-left: 30px !important;}”][vc_column_text]<\/p>\n

Request a Call Back<\/h2>\n

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